Search found 49 matches

by Pegasus_RPG
Thu Sep 17, 2020 5:21 pm
Forum: Personal Investments
Topic: How to deal with long distance rental property?
Replies: 13
Views: 785

Re: How to deal with long distance rental property?

I have long distance rental property and a good PM is definitely the way to go if you plan to keep the property. Most charge anywhere from 6-10% of the monthly rent, some with a placement fee of 25-35%. Just make sure the market can support a rent rate that covers all of your expenses including the ...
by Pegasus_RPG
Tue Sep 15, 2020 1:05 pm
Forum: Personal Investments
Topic: EE bonds soon?
Replies: 15
Views: 1096

Re: EE bonds soon?

I have also read that one can use some of the money from an income tax refund to buy additional I bond's over the 10K. I don't know anything about it but you likely can find it on the Boglehead wiki and or searching through the regular Boglehead site. Yes, an additional $5K if you're getting that m...
by Pegasus_RPG
Tue Sep 15, 2020 12:38 pm
Forum: Personal Investments
Topic: Savings from a Refinance
Replies: 5
Views: 404

Re: Savings from a Refinance

Both are good options. It really just depends on what's more important to you. One aspect to consider is that paying down the mortgage sooner essentially "ties up" that capital in the asset, but it also means you'll be that much closer to a big reduction in your living expenses, meaning what you hav...
by Pegasus_RPG
Mon Sep 14, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: Prius owners...advice?
Replies: 22
Views: 2318

Re: Prius owners...advice?

I used to have an '07 and had to have the battery replaced at about 145Kmi, still under the powertrain warranty thankfully. But the symptoms indicated that all that really needed to be done was remove, clean (with just baking soda and vinegar,) and re-tighten the bolts holding the connector plates t...
by Pegasus_RPG
Mon Sep 14, 2020 12:12 pm
Forum: Investing - Theory, News & General
Topic: "The danger in the market right now is you" - Perspective and encouragement to Stay The Course
Replies: 2
Views: 672

"The danger in the market right now is you" - Perspective and encouragement to Stay The Course

Came across this and offer it as encouragement to stay the course, as it reminds us how 2020's market is just a blip on the radar of a long-term investing horizon.

https://www.marketwatch.com/story/the-d ... 2020-09-09
by Pegasus_RPG
Thu Sep 10, 2020 8:11 pm
Forum: Personal Investments
Topic: Where to invest fixed income?
Replies: 26
Views: 3357

Re: Where to invest fixed income?

I'm with the BH philosophy of buying the whole haystack when it comes to bonds too. Get Total Bond Market and Total International Bond Market. The typical split between them is 70/30 US:Int'l (as that's what the LifeStrategy funds-of-funds do,) but there's a Vanguard paper from 2012 I think (search ...
by Pegasus_RPG
Tue Sep 08, 2020 7:39 pm
Forum: Investing - Theory, News & General
Topic: 3% FDIC insured savings...too good to be true?
Replies: 29
Views: 7894

Re: 3% FDIC insured savings...too good to be true?

I think the trick with this place, is you can't touch the money at all - Treat it like a rolling 3 month CD. Exactly. The key is that total outflow has to be <=80% of total inflow per quarter, essentially guaranteeing savings/balance increase. It's a neat way to encourage saving. It only makes sens...
by Pegasus_RPG
Fri Sep 04, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: Financial Transaction Tax: Vanguard vs Bogle
Replies: 3
Views: 416

Financial Transaction Tax: Vanguard vs Bogle

Just came across this today and thought it was interesting enough to post here:
https://www.marketwatch.com/story/vangu ... 2020-09-03
by Pegasus_RPG
Tue Aug 25, 2020 2:02 am
Forum: Personal Consumer Issues
Topic: Low Earner... Creative ways to own a Tesla Model 3?
Replies: 101
Views: 7796

Re: Low Earner... Creative ways to own a Tesla Model 3?

Check the used ones too, as they're starting to appear. Wait until the first ones start coming off lease, about 3 years after initial release. That's when the better deals will start appearing, assuming they don't get snatched up right away: https://www.tesla.com/inventory/used/m3
by Pegasus_RPG
Sat Aug 08, 2020 7:05 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 11096

Re: Bogleheads blog: a new rebalancing study

And the practicalities of spreadsheet performance already stretched my computer (I even had to write a macro to re-implement the functionality of data tables in a more performant manner). Sounds like time for an actual database engine. May I suggest PostgreSQL? I've used it for years and love it! T...
by Pegasus_RPG
Sun Mar 22, 2020 11:41 pm
Forum: Personal Investments
Topic: Tax-loss harvesting short term capital losses?
Replies: 3
Views: 305

Re: Tax-loss harvesting short term capital losses?

"Go to the source." What a sensible answer that I should have done myself before asking. :oops:
Thank you!
by Pegasus_RPG
Sun Mar 22, 2020 8:35 pm
Forum: Personal Investments
Topic: Tax-loss harvesting short term capital losses?
Replies: 3
Views: 305

Tax-loss harvesting short term capital losses?

Hello everyone. I've been reading a lot about TLH on this board and some other investment sites but can't seem to get a clear understanding on how best to TLH stuff I've held for less than a year. If I realize such a short-term capital loss, what is the order of things it offsets? My current underst...
by Pegasus_RPG
Sat Mar 21, 2020 10:26 pm
Forum: Personal Investments
Topic: Another TLH question
Replies: 5
Views: 319

Re: Another TLH question

1) If I have 100K worth of VTSAX and exchange to VLCAX to TLH today, I am unable to reconvert/re-exchange those funds from VLCAX back to VTSAX for 30 days --which is correct, as I understand it Correct. 2) If I have 100k worth of VTSAX and exchange to VLCAX to TLH today, am I still able to buy more...
by Pegasus_RPG
Wed Feb 12, 2020 4:56 pm
Forum: Personal Investments
Topic: How to Stop Watching the Market (I know it's just that simple. But is it?)
Replies: 33
Views: 2115

Re: How to Stop Watching the Market (I know it's just that simple. But is it?)

And I'll announce to DH, "a new high again today", and we both smile. <snip> Otherwise, I say nothing, which means either I didn't check (sort of unusual unless we are otherwise busy) or there's " not a new high". If the market has moved dramatically, it will be on the news one way or another, so D...
by Pegasus_RPG
Wed Feb 12, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: Can a company buy itself?
Replies: 31
Views: 2073

Re: Can a company buy itself?

I don't even think there needs to be a special situation. A company (or any entity) can always offer to do this. The only question is: is the offer good enough that existing shareholders will take it? (This is why when companies want to achieve this, they offer a decent amount above the current shar...
by Pegasus_RPG
Sun Feb 09, 2020 5:38 pm
Forum: Investing - Theory, News & General
Topic: Bonds in a low interest rate environment versus dividend stream on index funds
Replies: 60
Views: 3065

Re: Bonds in a low interest rate environment versus dividend stream on index funds

Dividends seem pretty magical to me considering their reinvestment gain potential and the fact that they, along with price appreciation, make up the total value on a stock. A dividend is like a slice of pizza -- if you consume it (spend the dividend), you have less pizza. If stick the slice back on...
by Pegasus_RPG
Sat Feb 08, 2020 3:12 am
Forum: Personal Investments
Topic: Low risk Funds to park extra cash
Replies: 6
Views: 897

Re: Low risk Funds to park extra cash

I found CFG Bank paying over 2% on CDs and MMs right now: https://www.thecfgbank.com/deposit-rates

(If you need the money within 2 years, your only options are FDIC/NCUA insured accounts at banks/credit unions.)
by Pegasus_RPG
Fri Feb 07, 2020 4:14 pm
Forum: Investing - Theory, News & General
Topic: What is the highest expense ratio you willingly pay?
Replies: 123
Views: 8738

Re: What is the highest expense ratio you willingly pay?

Franklin Corefolio Allocation R6 (FTLQX) @ 0.66%. Kinda stuck with this right now because it's tied up in a 401(k) that would be difficult to move. Franklin Income Fund A1 (FKINX) @ 0.62%. In taxable (cough.) Those 5%+ dividends - paid monthly - are seductive! At least I'm able to buy it load-free, ...
by Pegasus_RPG
Wed Feb 05, 2020 4:36 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1229
Views: 111310

Re: Well, I am market timing... Wish me luck.

I suppose I just have a hard time fathoming the concept of completely ignoring all news and plugging money in the stock market at all time highs. But that is the essence of Boglehead-ism, is it not? "Stay the course" with "course" in the accumulation stage meaning "keep investing regularly into you...
by Pegasus_RPG
Wed Feb 05, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 16941

Re: Tesla Stock

So if Tesla does change into a battery company, maybe it can continue to grow. Maybe. But it's going to have to branch out. Cars alone isn't going to make that stock price worth it. The car part of the business will probably have to be a minority part of the company someday for this stock price to ...
by Pegasus_RPG
Mon Feb 03, 2020 9:09 pm
Forum: Personal Investments
Topic: Asset allocation across multiple accounts
Replies: 7
Views: 494

Re: Asset allocation across multiple accounts

Another wiki article that answers your question directly: Asset allocation in multiple accounts
by Pegasus_RPG
Mon Feb 03, 2020 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: CITI Bonus
Replies: 15
Views: 1983

Re: Citibank new customer $400/$500/$700/$1500 banking bonus

But note the terms state they can take up to 90 days after you complete the required activities to deposit the bonus. So you may need to keep the account open up to 5 months. Depending on the required balance for a fee waiver, that will decrease the effective return on this. I did a similar offer w...
by Pegasus_RPG
Mon Feb 03, 2020 1:42 pm
Forum: Investing - Theory, News & General
Topic: US national debt - talk me down!
Replies: 42
Views: 3385

Re: US national debt - talk me down!

I too have long been worried about what will happen to our economy should our debt to foreign entities be called.

For a nice overview of the topic, take a look at the 30-minute "bite size" version of the 2008 documentary I.O.U.S.A.: https://www.youtube.com/watch?v=O_TjBNjc9Bo
by Pegasus_RPG
Mon Feb 03, 2020 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: CITI Bonus
Replies: 15
Views: 1983

Citibank new customer $400/$500/$700/$1500 banking bonus

Hey everyone. I just got an offer in the mail from Citibank enticing people to join and it looks quite good. All require opening a checking and savings package, transfer in and keep a minimum balance between the two for 90 days to get the bonus. Bonus Min deposit & balance $400 $15K $500 $15K with a...
by Pegasus_RPG
Fri Jan 31, 2020 4:56 pm
Forum: Personal Consumer Issues
Topic: Bench seats vs captains chairs in SUV second row?
Replies: 32
Views: 6085

Re: Bench seats vs captains chairs in SUV second row?

I'm considering a new 3-row SUV and the second row seating options are either bench seats or 2 captain's chairs. I would rarely have more than 4 people in the vehicle , including myself as the driver. For those of you who have second row captain's chairs, do you miss having a bench seat? So can I a...
by Pegasus_RPG
Fri Jan 31, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20317
Views: 2776868

Re: U.S. stocks in free fall

grog wrote: Fri Jan 31, 2020 11:36 am IT'S A BLOODBATH!
Dude, it's not even 2% yet, and that's only if you're 100% stocks. Relax. 8-) This should help: https://jlcollinsnh.com/2019/08/17/a-gu ... -dropping/
by Pegasus_RPG
Wed Jan 29, 2020 8:05 pm
Forum: Personal Consumer Issues
Topic: Should I install modern water savings toilet in old building? Plumber says absolutely NOT TO
Replies: 52
Views: 5660

Re: Should I install modern water savings toilet in old building? Plumber says absolutely NOT TO

Agree, modern low-use toilets are much better, even the not-cheapest Glacier Bay.

But if you're really worried about clogs, and especially in a rental, consider a pressure-assisted toilet a la FlushMate: https://www.flushmate.com/models/
by Pegasus_RPG
Wed Jan 29, 2020 8:00 pm
Forum: Personal Consumer Issues
Topic: Computer/internet/DNS(?) problem
Replies: 70
Views: 3083

Re: Computer/internet/DNS(?) problem

Just to confirm, when the issue happens, NO sites work (it's not that some do and some don't). What does work, is ANY/ALL websites in currently opened tabs. Those work fine. But I can't get any site at all to work in a new tab/browser. That's really strange and suggests a browser issue. They someti...
by Pegasus_RPG
Tue Jan 28, 2020 7:24 pm
Forum: US Chapters
Topic: Join the Wiki!
Replies: 79
Views: 80164

Re: Join the Wiki!

I'd like to edit the wiki, specifically the TSP page's matching section, as new military members (and those that joined after about 2005) now have access to matching funds.
by Pegasus_RPG
Fri Jan 24, 2020 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Lender credit increased by $1k 3 days after locking mortgage rate. Withdraw/reapply?
Replies: 7
Views: 800

Re: Lender credit increased by $1k 3 days after locking mortgage rate. Withdraw/reapply?

Yeah, that's the risk of locking the rate. We know all about risk around here, don't we? :wink: If the lender credit increased by that much, the interest rate may have decreased by 1/8 of a percent (0.125%) So you can ask about a float-down, if that's allowed per the contract you agreed on with the ...
by Pegasus_RPG
Fri Jan 24, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 253
Views: 25174

Re: Tesla Model Y

My short position looks better than ever. Interesting predictions...I don't know much about shorting stocks, hopefully it works out for you. LOL, have you seen the price difference from when he posted that to today? Unless he already covered his short position, he's losing his shirt! Tesla doesn't ...
by Pegasus_RPG
Thu Jan 23, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Buy House with Cash OR Mortgage and invest
Replies: 24
Views: 1965

Re: Buy House with Cash OR Mortgage and invest

For me, the formula is fairly simple: 1) Will you otherwise need the $320K (after down payment) for something in the next couple of years? 2) Assuming no to that question (or you likely wouldn't be asking here :wink: ,) is the expected return of the investments you would make with the money enough g...
by Pegasus_RPG
Tue Jan 21, 2020 1:42 am
Forum: Personal Investments
Topic: My "savings account": is it okay to go 50/50 cash/bonds?
Replies: 10
Views: 1641

Re: My "savings account": is it okay to go 50/50 cash/bonds?

My pot of money in that category (second-tier, larger "emergency" fund) I have in Vanguard Wellesley Income Fund (VWIAX/VWINX) for its dividends. It's 40/60 and high bond quality so pretty safe. I do understand that dividends are a wash in terms of total return, but I really enjoy the psychological ...
by Pegasus_RPG
Tue Jan 21, 2020 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house with plan to move after 3-4 years
Replies: 18
Views: 1584

Re: Buying a house with plan to move after 3-4 years

Property management usually costs 10% of the monthly rental amount (some areas charge 25% for the first month and 8% thereafter.) They only get paid when you do though so their interests are aligned with yours (minimize vacancy, get quality tenants.) I wouldn't consider being a long-distance landlor...
by Pegasus_RPG
Wed Jan 15, 2020 7:57 pm
Forum: Personal Consumer Issues
Topic: Recommend Dual SIM smartphone please
Replies: 25
Views: 1998

Re: Recommend Dual SIM smartphone please

I have a Blackberry Key2 LE (runs Android) and the US version is dual-SIM and supports CDMA as well as GSM. I love it! I've seen it on sale for $400 at Best Buy sometimes.
by Pegasus_RPG
Fri Jan 03, 2020 7:26 pm
Forum: Investing - Theory, News & General
Topic: Asset location among tax advantaged accounts
Replies: 19
Views: 1265

Re: Asset location among tax advantaged accounts

The Wiki is your friend. :wink:
I was just re-reading this page a day ago myself. :happy
by Pegasus_RPG
Wed Jan 01, 2020 2:11 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy tinkering - incorrect dates & "market liquidity fund"?
Replies: 8
Views: 1070

Re: LifeStrategy tinkering - incorrect dates & "market liquidity fund"?

Katietsu wrote: Wed Nov 20, 2019 11:31 pm And quit looking at the small variations that are happening as a side effect not an intent.
Ahh that sheds some light on it, thank you! I was reading the fund info pages as their goal allocations instead of current allocations. :oops:
by Pegasus_RPG
Fri Dec 27, 2019 2:37 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead Thoughts on House Size to Family Size
Replies: 53
Views: 4272

Re: Boglehead Thoughts on House Size to Family Size

How about taking it to the next level with tiny houses? https://www.countryliving.com/home-design/g1887/tiny-house/ I personally want to try the 400 sq ft 3-bedroom 2-bath plan. We spend most of our time in the living room anyway so if you look at bedrooms as simply places to sleep, it actually make...
by Pegasus_RPG
Fri Dec 20, 2019 7:42 pm
Forum: Personal Investments
Topic: Likely overcontribution to TSP, unsure how to stop it.
Replies: 2
Views: 388

Re: Likely overcontribution to TSP, unsure how to stop it.

The TSP is functionally identical to a 401(k), so this applies. In short, if they don't fix it themselves beforehand, withdraw the overage by April 15, 2020 and you're good to go. (Just know that any growth of the contributions is taxable.)
by Pegasus_RPG
Wed Nov 20, 2019 9:51 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy tinkering - incorrect dates & "market liquidity fund"?
Replies: 8
Views: 1070

Re: LifeStrategy tinkering - incorrect dates & "market liquidity fund"?

You are getting way too fixated on tenths of a percent AA. You are fine if you are within 5%, many here use a 5% band for rebalancing (i.e. rebalance once a year or when there is a 5% error). Oh, I know I'm splitting hairs. :) I did notice a month ago though that the Moderate Growth fund's allocati...
by Pegasus_RPG
Mon Nov 18, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy tinkering - incorrect dates & "market liquidity fund"?
Replies: 8
Views: 1070

LifeStrategy tinkering - incorrect dates & "market liquidity fund"?

Hey everyone. I've been using the LifeStrategy allocations as my basis for my portfolio and since I re-balance each month with new contributions, I check their allocations at least monthly. A couple of things are concerning to me and I wanted to get your thoughts on them. 1) Taking the Vanguard Life...
by Pegasus_RPG
Thu Jun 20, 2019 2:11 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 118619

Re: Why are you NOT buying rental properties?

Okay OP, so it's working out for you, and you've made your points as to why. Let readers take that information and do with it what they will, no convincing needed. FWIW, I'm in your camp, owning a couple of properties myself (nice enough that I would happily live in myself) with property management ...
by Pegasus_RPG
Mon Jun 17, 2019 11:38 am
Forum: Personal Investments
Topic: Dump FTCOX for 4-fund or just some? When is best?
Replies: 2
Views: 272

Dump FTCOX for 4-fund or just some? When is best?

Hello everyone. Bottom-line up-front: 1) Should I completely dump FTCOX or keep some of it? For VTSAX, VTIAX, VBTLX and VTABX (plus a little VGSLX & VWEHX for spice.) 2) When is the best/better time to do the exchange? Details: Thanks to my complete lack of knowledge 10 years ago when I started, the...
by Pegasus_RPG
Fri Jul 20, 2018 8:46 pm
Forum: Personal Investments
Topic: Transfer online savings/money market to income mutual fund?
Replies: 14
Views: 1220

Re: Transfer online savings/money market to income mutual fund?

Wow, @WanderingInvestor, thank you very much for all of the information and the time it took to write that! That gives me much to think about. Not sure where the 4% YTD loss figure is coming from. The fund's info page says "YTD Total return at NAV 0.89%" Obviously that's crap, but does that somehow ...
by Pegasus_RPG
Fri Jul 20, 2018 6:27 pm
Forum: Personal Investments
Topic: Transfer online savings/money market to income mutual fund?
Replies: 14
Views: 1220

Re: Transfer online savings/money market to income mutual fund?

@MotoTrojan Despite those losses (which was a great time to pick up more shares BTW, which I did) it consistently paid just over 5% per year in dividends. Are you saying it is incorrect for me to focus only on the distribution rate less the expense ratio, comparing that to interest on a bank account...
by Pegasus_RPG
Fri Jul 20, 2018 6:05 pm
Forum: Personal Investments
Topic: Transfer online savings/money market to income mutual fund?
Replies: 14
Views: 1220

Re: Transfer online savings/money market to income mutual fund?

FKINX - class A shares to be specific. (There are no sales charges on mine because my advisor left the firm years ago and didn't reassign me to anyone else, so I told Franklin to remove them completely.)
by Pegasus_RPG
Fri Jul 20, 2018 5:35 pm
Forum: Personal Investments
Topic: Transfer online savings/money market to income mutual fund?
Replies: 14
Views: 1220

Re: Transfer online savings/money market to income mutual fund?

I am curious, what is the name of the income fund that pays 5.15% distribution rate (paid monthly) with a 0.64% expense ratio?
Franklin Income Fund. Why?
by Pegasus_RPG
Fri Jul 20, 2018 11:31 am
Forum: Personal Investments
Topic: Transfer online savings/money market to income mutual fund?
Replies: 14
Views: 1220

Transfer online savings/money market to income mutual fund?

Hey everyone. I'm glad to have just found this site so I don't have to struggle making these decisions on my own! I have about $100K in an online savings account currently paying 1.75% (and rising) which I was saving for some capital expenditures that now won't happen for a year or more. I also have...